Since its inception in mid-1800s, insurance regulation in the U.S. has continued to evolve in response to changing circumstances and the opportunity to take advantage of new methods and technologies. Important developments in insurance regulatory policies and practices at an international level,...

In this report we examine the likely effects of an Optional Federal Charter (OFC) regulatory system on competition in the life insurance and annuities industry and related markets. Increasingly, many US insurers advocate the creation of an OFC and the associated regulatory framework for several...

The rising cost and diminishing availability of homeowners insurance have become a hot topic in many parts of the country. A number of factors have been blamed for causing the adverse price and availability trends, with insurers and consumer groups offering differing opinions on the causes....

The purpose of this briefing paper is to assess the implications of natural disasters for the supply of home insurance. We focus on the risk of hurricanes and earthquakes. Our analysis begins with a review of the challenges that catastrophes pose for the insurance mechanism and how insurers seek...